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Spotify (NYSE: SPOT) is the world's largest music streaming platform. Its stock has been on a tear this year with a 142% gain so far, which crushes the 23% return in the S&P 500 (SNPINDEX: ^GSPC) .
Spotify posted a multi-record quarter on Tuesday after recently hiking the prices of its premium US subscription plans.The company also alluded to a more expensive streaming tier to come as the ...
Most streaming services charge about $10 or $11 per month for their music bundles, but there might be ways to cut the cost down. ... Streaming music getting more expensive: How to keep costs down ...
Spotify, a music streaming company, has attracted significant criticism since its 2008 launch, [1] mainly over artist compensation. Unlike physical sales or downloads, which pay artists a fixed price per song or album sold, Spotify pays royalties based on the artist's "market share"—the number of streams for their songs as a proportion of total songs streamed on the service.
The big question for investors is whether Spotify is a buy after this monster run. As of this writing, the stock has a market cap of $97.5 billion. Revenue over the last 12 months was $16.4 billion.
South Korean boy band BTS is the most-streamed group in Spotify's history. [1] The following list contains the most-streamed artists on the audio streaming platform Spotify. As of February 2024, American singer-songwriter Taylor Swift is the most-streamed artist, [2] and Canadian rapper Drake is the most-streamed male artist in Spotify's history.